De Beers Makes Sweeping Cuts to Its Elite Diamond-Buying Club
The diamond company produced less than 22 million carats last year, down from almost 35 million in 2022.
lawsuit
Latest News & Analysis
Retail
Why Fashion Brands and Their Retail Landlords Are Suing Each Other
After months of pandemic-inflicted shutdown, a legal battle over who’s responsible for rent was inevitable. The outcome for any of these cases will set a precedence for the whole industry.
Why Fashion Brands and Their Retail Landlords Are Suing Each Other
After months of pandemic-inflicted shutdown, a legal battle over who’s responsible for rent was inevitable. The outcome for any of these cases will set a precedence for the whole industry.
Workplace & Talent
Amazon Employee Sues After a Family Member’s Covid-19 Death
The lawsuit called Amazon’s fulfilment centre a 'place of danger.'
Amazon Employee Sues After a Family Member’s Covid-19 Death
The lawsuit called Amazon’s fulfilment centre a 'place of danger.'
News & Analysis
US Supreme Court Rejects Amazon Warehouse Worker Wage Appeal
Amazon tried to avoid a lawsuit seeking to ensure that warehouse workers get paid for the time it takes them to go through extensive post-shift security screenings.
US Supreme Court Rejects Amazon Warehouse Worker Wage Appeal
Amazon tried to avoid a lawsuit seeking to ensure that warehouse workers get paid for the time it takes them to go through extensive post-shift security screenings.
News & Analysis
Ariana Grande Files $10 Million Trademark Lawsuit Against Forever 21
The singer sued the American retailer for copyright and trademark infringement, claiming misappropriation of around 30 images and videos for an ad campaign.
Ariana Grande Files $10 Million Trademark Lawsuit Against Forever 21
The singer sued the American retailer for copyright and trademark infringement, claiming misappropriation of around 30 images and videos for an ad campaign.
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News & Analysis
L Brands Confirms It Will Review Jeffrey Epstein's Role at Company
The Victoria’s Secret owner is taking legal steps to investigate the company’s relationship to Jeffrey Epstein, following his new charges.
L Brands Confirms It Will Review Jeffrey Epstein's Role at Company
The Victoria’s Secret owner is taking legal steps to investigate the company’s relationship to Jeffrey Epstein, following his new charges.
News & Analysis
Debenhams Says M&G Real Estate Withdraws Challenge to Restructuring
The multinational retailer has announced that its landlord has dropped its CVA lawsuit.
Debenhams Says M&G Real Estate Withdraws Challenge to Restructuring
The multinational retailer has announced that its landlord has dropped its CVA lawsuit.
News & Analysis
Walmart-Owned Flipkart Faces Legal Spat With Start-Up
India's answer to Amazon finds itself in a legal tussle over alleged predatory discounting of GOQii wearable tech pieces.
Walmart-Owned Flipkart Faces Legal Spat With Start-Up
India's answer to Amazon finds itself in a legal tussle over alleged predatory discounting of GOQii wearable tech pieces.
News & Analysis
US Judge Drops 'Pooey Puitton' Lawsuit Against Louis Vuitton
The luxury brand's appeal against the accusation of impeding toy purse sales by the Californian toy company, Pooey Puitton, was successful.
US Judge Drops 'Pooey Puitton' Lawsuit Against Louis Vuitton
The luxury brand's appeal against the accusation of impeding toy purse sales by the Californian toy company, Pooey Puitton, was successful.
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Financial Markets
Alibaba Pays $250 Million to Settle Counterfeiting Warning Lawsuit
The lawsuit accused the e-commerce giant of concealing a regulatory warning about its ability to stop counterfeiting two months before its $25 billion IPO in 2014.
Alibaba Pays $250 Million to Settle Counterfeiting Warning Lawsuit
The lawsuit accused the e-commerce giant of concealing a regulatory warning about its ability to stop counterfeiting two months before its $25 billion IPO in 2014.
China
Hundreds Sign Online Petition Supporting Woman Suing JD.com CEO in Rape Case
The petition carried the hashtag #HereForJingyao, with signatories including Chinese students at foreign universities as well as in China.
Hundreds Sign Online Petition Supporting Woman Suing JD.com CEO in Rape Case
The petition carried the hashtag #HereForJingyao, with signatories including Chinese students at foreign universities as well as in China.
News & Analysis
Neiman Marcus Disputes Marble Ridge Over Asset Transfer
Marble Ridge’s suit alleges that the shuffle of e-commerce unit MyTheresa constituted a “fraudulent transfer of assets totaling approximately $1 billion of value for no consideration."
Neiman Marcus Disputes Marble Ridge Over Asset Transfer
Marble Ridge’s suit alleges that the shuffle of e-commerce unit MyTheresa constituted a “fraudulent transfer of assets totaling approximately $1 billion of value for no consideration."
News & Analysis
Neiman Marcus Creditor Steps up Attack on MyTheresa Transfer Plan
Marble Ridge Capital accused Neiman Marcus of 'corrosive conduct' over a plan to transfer luxury online retailer MyTheresa to the department store’s private equity owners.
Neiman Marcus Creditor Steps up Attack on MyTheresa Transfer Plan
Marble Ridge Capital accused Neiman Marcus of 'corrosive conduct' over a plan to transfer luxury online retailer MyTheresa to the department store’s private equity owners.
The News in Brief
L’Oréal India in Talks to Acquire Beauty Company Innovist
L’Oréal is in advanced talks to acquire a majority stake in Bare Anatomy parent Innovist sources told The Economic Times India.
Zegna Chairman Says War Has Clouded Visibility of Demand in Middle East
The Italian fashion house cautioned the war is reducing visibility on demand in the Middle East, which accounts for 7 percent of its sales, though all stores are currently open in the region.
Glossier Appoints New CMO
Nicole Solorzano, who joins from Ouai, is the Millennial beauty brand’s latest hire.
Macy’s CEO Points to E-Shaped Economy, Signalling Consumer Shift
The mention of a forked economy by the head of America’s largest department store signals a heightened wariness that middle-income Americans will continue to spend at the same pace.
France’s Bid to Suspend Shein’s Marketplace Rejected by Appeals Court
The decision from Paris’ Court of Appeal marked a win for the fast-fashion giant after a scandal over sex dolls resembling children for sale on its site.
Coty Announces Board Revamp
The embattled Covergirl owner has appointed five new independent directors amidst a wider leadership and company shakeup.
Zimmermann Names Roberto Eggs CEO
The Moncler Group executive will succeed longtime CEO Chris Olliver, who is staying on as executive chairman.